You’ve probably experienced the feeling of looking around your home and no longer being satisfied with its interior. Whether you spent the summer doing DIY projects or have decided that last year’s paint choice is no longer the perfect shade, refreshing your home is a great way to breathe new life into your space and increase its resale value. But what if your budget isn’t quite as big as your Pinterest-inspired dreams? Don’t worry! It’s possible to update your home without breaking the bank. Check out these tips to fall in love with your home all over again.
Determine Your Budget
The first step toward a home refresh is determining your budget for the project. It’s easy to overspend when you’re busy picking out new countertops and cabinet colors, so planning beforehand is key here. Start by listing which rooms you’d like to update and how you’d like to update them. This will give you a roadmap for cost estimates.
Then, take a look at your household income versus expenses. What can you reasonably contribute to these projects? If you find that your dream refresh is going to be costlier than expected, check out your monthly expenses to see where you can cut back or pay down existing debt. Freeing up a little extra money from current debt payments or unnecessary costs might be just the boost your budget needs.
Refresh Your Home for Less than $500
Sometimes it doesn’t take much to give your home a new look and feel. If you find you’re working with a small budget, consider easy, cost-effective options to revamp your space like doing major decluttering, adding a fresh coat of paint, updating window treatments, or choosing new bedding. If you’re crafty, you could also add an accent wall, swap out your old throw pillows, or bring in a new rug. With proper planning, these options can be accomplished for under $500.
Refresh Your Home for Less than $1,000
But what if you’re looking to take it one step further? The kitchen is often the most popular room in the home to remodel, but redoing it completely may be beyond your budget. You’d be surprised just how fresh it can feel for less than a grand in materials. Consider repainting, retiling the backsplash, and updating the hardware on the cabinetry.
If you feel like you’re neglecting the exterior of your home, you might also redo your landscaping or create an outdoor living space complete with a deck and outdoor furniture. Just by adding an outdoor sofa, rug, or pouf, your exterior will look dressed up with minimal work.
Refresh Your Home for Less than $5,000 You can make some major upgrades to your home with just $5,000. Consider creating an open floor plan by removing an interior wall, refinishing your hardwood floors, or investing in new furniture for your space like recliners or a new dining table. Well-designed furniture is built to last a lifetime, so beyond giving your home a new look, you could even pass it down to the next
generation. Be sure to do your research before buying to ensure your choices will meet your family’s needs.
Contrary to belief, updating your space doesn’t have to break the bank! With a little planning and a well-established budget, you’ll be well on your way to a home makeover.